Cheng Fwa Industrial Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	1,758	1,503	1,408	-	1,664
Other Revenue	-	-	-	2,068	-
Revenue	1,758	1,503	1,408	2,068	1,664
Revenue Growth (YoY)	17.02%	6.73%	-31.90%	24.22%	8.75%
Cost of Revenue	1,421	1,230	1,189	1,709	1,509
Gross Profit	337.2	272.76	219.09	358.93	155.75
Selling, General & Admin	220.03	208.42	202.87	209.92	206.38
Research & Development	42.66	39.81	38.13	41.08	36.17
Operating Expenses	261.46	247.17	238.2	252.14	252.57
Operating Income	75.74	25.6	-19.11	106.79	-96.82
Interest Expense	-1.61	-0.01	-1.68	-3.56	-4.09
Interest & Investment Income	22.85	19.77	19.15	4.3	2.13
Currency Exchange Gain (Loss)	-6.74	29.82	19.21	105.07	-18.6
Other Non Operating Income (Expenses)	18.83	15.86	17.21	17.83	14.57
EBT Excluding Unusual Items	109.07	91.05	34.78	230.42	-102.82
Gain (Loss) on Sale of Assets	-3.27	94.41	0.6	0.7	-12.77
Asset Writedown	-	-	-	12.9	-
Pretax Income	105.8	185.46	35.38	244.01	-115.58
Income Tax Expense	31.9	42.9	27.19	79.3	-15.05
Earnings From Continuing Operations	73.9	142.56	8.19	164.71	-100.53
Minority Interest in Earnings	0.38	-0.48	-0.73	-1.52	11.83
Net Income	74.27	142.08	7.46	163.19	-88.71
Net Income to Common	74.27	142.08	7.46	163.19	-88.71
Net Income Growth	-47.72%	1805.26%	-95.43%	-	-
Shares Outstanding (Basic)	144	144	144	144	144
Shares Outstanding (Diluted)	144	144	144	144	144
Shares Change (YoY)	0.05%	0.04%	-0.07%	0.11%	-
EPS (Basic)	0.52	0.99	0.05	1.13	-0.62
EPS (Diluted)	0.52	0.99	0.05	1.13	-0.62
EPS Growth	-47.72%	1876.01%	-95.58%	-	-
Free Cash Flow	65.49	5.35	289.45	188.9	-166.56
Free Cash Flow Per Share	0.46	0.04	2.01	1.31	-1.16
Dividend Per Share	-	0.500	-	0.200	-
Gross Margin	19.18%	18.15%	15.56%	17.36%	9.36%
Operating Margin	4.31%	1.70%	-1.36%	5.17%	-5.82%
Profit Margin	4.22%	9.46%	0.53%	7.89%	-5.33%
Free Cash Flow Margin	3.72%	0.36%	20.56%	9.14%	-10.01%
EBITDA	160.48	110.37	60.35	183.28	-12.86
EBITDA Margin	9.13%	7.34%	4.29%	8.86%	-0.77%
D&A For EBITDA	84.75	84.77	79.45	76.49	83.96
EBIT	75.74	25.6	-19.11	106.79	-96.82
EBIT Margin	4.31%	1.70%	-1.36%	5.17%	-5.82%
Effective Tax Rate	30.15%	23.13%	76.85%	32.50%	-
Revenue as Reported	-	-	-	-	1,664

Source: S&P Global Market Intelligence. Standard template. Financial Sources.